Managing vendor information can be a complex and time-consuming process for businesses. From onboarding new suppliers to ensuring that all information is up to date, vendor management can often be a challenge. That's where EZ Cloud's vendor management solution comes in. Our platform simplifies the process of managing vendor information, saving businesses time and reducing the risk of errors.
Our platform streamlines the onboarding process by providing a supplier portal that vendors can use to enter their information directly into the system. The supplier portal captures all necessary information, including supplier name, contact information, and tax ID number. The system then verifies the information, ensuring that all details are accurate and up to date.
Simplified Supplier Onboarding
Our user-friendly supplier portal enables vendors to effortlessly input their essential information, reducing administrative workload and expediting the onboarding process.
Comprehensive data capture
The supplier portal collects all crucial data, such as supplier name, contact details, and tax ID number, ensuring that every aspect of vendor information is readily available in the system.
Advanced data verification
EZ Cloud automatically verifies the entered information, guaranteeing accuracy and up-to-date details, which minimizes errors and enhances the overall efficiency of your vendor management process.
Our platform allows businesses to communicate with their vendors through the supplier portal. Vendors can log in to the portal to check the status of their invoices, update their information, and receive updates on the approval status of their invoices. This eliminates the need for manual communication and reduces the risk of errors.
Streamlined vendor communication
Our supplier portal facilitates seamless communication between businesses and their vendors, eliminating manual exchanges and fostering a more efficient and transparent process.
Real-time invoice tracking
Vendors can effortlessly access the portal to monitor the status of their invoices, receive updates on approvals, enhancing their overall experience.
Continuous information updates
The portal enables vendors to easily update their details, ensuring that businesses always have access to accurate and current information, which reduces the risk of errors and promotes effective vendor management.
Our platform streamlines the approval process by automating the routing of invoices to the appropriate approver based on predefined rules. Approvers receive notifications and can approve or reject invoices with just a few clicks. The system also provides real-time visibility into the approval status of each invoice, reducing the need for manual follow-ups.
Intelligent invoice routing
EZ Cloud automates invoice routing to the correct approvers using predefined rules, significantly streamlining the approval process and increasing overall efficiency.
Approvers are instantly notified and can easily approve or reject invoices with just a few clicks, minimizing delays and enhancing the overall speed of the process.
Real-time approval visibility
Gain full transparency into the approval status of each invoice, reducing the need for manual follow-ups and empowering businesses to make informed decisions with timely, accurate data.
Our solution can handle exceptions in invoice processing efficiently. In cases where there are discrepancies, our system identifies the problem and routes the invoice to the appropriate person or department for resolution. The system provides an audit trail of all actions taken to resolve exceptions, ensuring that issues are resolved quickly and accurately.
Comprehensive vendor insights
Obtain real-time visibility into crucial vendor information such as open invoices and outstanding balances, enabling businesses to swiftly identify and resolve any issues.
Proactive vendor resolution
EZ Cloud empowers businesses to take prompt action on identified discrepancies, ensuring efficient vendor management and fostering strong relationships with suppliers.
Data-driven cost savings
Leverage the system's generated reports to gain a deeper understanding of your spending patterns, enabling you to identify areas for cost optimization and make informed decisions to enhance your financial performance.
For ap AND FINANCE teams
How does vendor management impact on teams?
From AP teams to Management, Controllers to CFOs, EZ Cloud creates a simple, yet sophisticated, experience to automate processes.
How does EZ Cloud's AP automation solution streamline the vendor onboarding process?
EZ Cloud simplifies vendor onboarding by providing a user-friendly supplier portal, where vendors can easily input their essential information directly into the system. This reduces manual data entry, expedites the onboarding process, and minimizes the risk of errors.
How does EZ Cloud improve communication between businesses and vendors?
EZ Cloud includes a supplier portal that facilitate seamless communication between businesses and their vendors. Vendors can access the portal to monitor invoice statuses, receive updates on approvals, and update their information. This eliminates the need for manual communication and fosters a more efficient and transparent process.
How does an AP automation solution enhance the invoice approval process?
AP automation streamlines the approval process by intelligently routing invoices to the appropriate approver based on predefined rules. Approvers receive notifications and can approve or reject invoices with just a few clicks, minimizing delays and increasing overall efficiency.
Can EZ Cloud help businesses identify cost-saving opportunities?
Yes, EZ Cloud's AP automation platform provides real-time visibility into vendor information and generate reports that help businesses understand their spending patterns. This enables companies to identify areas for cost optimization and make informed decisions to enhance their financial performance.
What are the benefits of real-time visibility into vendor information for businesses using an AP automation solution?
Real-time visibility into vendor information enables businesses to quickly identify and resolve issues, such as discrepancies in payment history, open invoices, or outstanding balances. This proactive approach ensures efficient vendor management and fosters strong relationships with suppliers.
What's next? Here’s our process.
To take the first step and schedule a discovery call, select Get Started below.